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Real Estate Prices & Overview

Lenox Place / Clear Lake Meadows median real estate price is $430,061, which is more expensive than 74.8% of the neighborhoods in Tennessee and 58.9% of the neighborhoods in the U.S.

The average rental price in Lenox Place / Clear Lake Meadows is currently $2,346, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.4% of the neighborhoods in Tennessee.

Lenox Place / Clear Lake Meadows is a rural neighborhood (based on population density) located in Gallatin, Tennessee.

Lenox Place / Clear Lake Meadows real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Lenox Place / Clear Lake Meadows neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Lenox Place / Clear Lake Meadows has a 12.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Gallatin, the Lenox Place / Clear Lake Meadows neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are planning to retire in Tennessee, this neighborhood should be on your must-see list. For many reasons, Lenox Place / Clear Lake Meadows may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Tennessee, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.4% of neighborhoods in TN. If a Tennessee retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Lenox Place / Clear Lake Meadows neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.8% of this neighborhood's residents have English ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Lenox Place / Clear Lake Meadows neighborhood in Gallatin are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.9% of the neighborhoods in America. With 10.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.3% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Lenox Place / Clear Lake Meadows neighborhood, 38.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 15.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lenox Place / Clear Lake Meadows neighborhood is English, spoken by 98.0% of households. Some people also speak Polish (2.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Lenox Place / Clear Lake Meadows neighborhood in Gallatin, TN, residents most commonly identify their ethnicity or ancestry as English (21.8%). There are also a number of people of German ancestry (12.2%), and residents who report Irish roots (7.4%), and some of the residents are also of Scottish ancestry (4.4%), along with some Polish ancestry residents (2.6%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Lenox Place / Clear Lake Meadows neighborhood spend under 15 minutes commuting one-way to work (30.4% of working residents), one of the shortest commutes across America.

Here most residents (79.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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